News
Climeworks to lay off over 20% of staff amid market, policy uncertainty
Swiss direct air capture (DAC) pioneer Climeworks recently announced a major round of layoffs, planning to cut more than 20% of its global workforce. Company executives attributed the move to macroeconomic uncertainty and shifting policy landscapes.
May 23, 2025
News
Updated: European Parliament supports CBAM amendments
On May 22, the European Parliament voted in favor of proposed amendments to the Carbon Border Adjustment Mechanism (CBAM), originally introduced by the European Commission in February.
May 23, 2025
News
Southeast Asia emerges as key clean energy investment hub, report finds
Southeast Asian countries are increasingly seen as promising markets for clean energy, attracting substantial public investments from China, Japan, South Korea, and Australia, according to a new report released on May 20.
May 22, 2025
Exclusive
Self-taught creation of a global carbon removal map: Interview with CDR.fyi co-founder Tank
From a high school teacher to co-founder of CDR.fyi, Tank Chen nurtured his passion for carbon removal through self-study, created a global map, and earned expert recognition.
May 22, 2025
News
India’s coal-heavy steel expansion threatens global decarbonization goals
The global steel industry has seen a steady increase in decarbonization initiatives, but actual progress remains limited. A new report reveals that India has now surpassed China in new steelmaking capacity.
May 21, 2025
News
Gas Malaysia invests first biomethane injection hub to to decarbonize industry
Gas Malaysia Bhd has unveiled Malaysia’s first centralized biomethane injection station, aiming to begin full operations in the second half of 2025.
May 21, 2025
News
UK, EU agree to link carbon trading systems to ease trade barriers
UK and EU reached an agreement to establish a framework compatible with their respective Emissions Trading Systems (ETS) on May 19, which includes defining CBAM exemptions and mutual recognition of emission allowances.
May 20, 2025
News
CATL targets global expansion with $5.3 billion Hong Kong listing
China’s largest electric vehicle (EV) battery manufacturer, Contemporary Amperex Technology Co. Limited (CATL), was listed on the Hong Kong Stock Exchange on May 20, aiming to raise up to USD 5.3 billion.
May 20, 2025